Outsourcing Solutions
Delivering Quality Solutions based on the CCTF MODEL...
Overview
At Kreo Capital, we provide a comprehensive spectrum of services to act as a one stop solution for all Financial, Accounting as well as Research based services to our clients.Having a vast experience in this field, along with an significant client base gives us a definitive edge and at the same time the necessary flexibility to provide tailor made solutions to our client, which works in the best of their interests.
Key Offerings
Our key offerings are primarily classified in to the following heads. Being a Financial Advisory firm, we have significant hands on experience in handling outsourcing assignments as we truly understand those precise areas where critical benefits can accrue to the client by addressing the key short-comings.
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How Outsourcing can be cost effective?
For all entrepreneurs / business owners, the first question which pings the mind is “How Outsourcing can be a cost effective solution vis-a-vis in-house traditional services?”. Initially both options seems to have a number of benefits.
While both approaches are effective in specific circumstances, the unique attributes brought on the table by outsourcing offers advantages that go way beyond a traditional structure.
At a first glance, it might be difficult to grasp the advantages of outsourcing, so lets consider the cost of having the services in-house :
1) Staffing and Training
2) Salary and Benefits
3) Software and Infrastructure
Staffing and Training
Though in the long run, the overall employee turnover cost is always a dynamic one, the costing of having new hires and their training is unavoidable. Training is also vital and more variable based on education and experience. It carries a time cost for both the new employee and your veteran staff.Significant time, cost and other resources are spent towards staffing and training of employees which can be considerably reduced by outsourcing the services.
Salary and Benefits
Depending on the average salary as per the designations as well as the added benefits, the promoters need to give the necessary time and resources for having efficient employee management, and special consideration on statutory requirements.Incase of hiring in-house manpower for financial, analytical and related tasks on payroll, the cost on this front might increase significantly.
Most of the major heads as well as the statutory dues related to employment can be completely avoided by availing the benefit of outsourcing the services and, accordingly the promoters can focus on the core operations of the business.
Software and Infrastructure
Apart from the mandatory salary and staffing cost, the other major cost heads consist of having the requisite infrastructure (computer, printers & peripherals, internet expenses etc.) and the necessary software in place. Apart from the infrastructure cost, there is also maintenance cost and fixed monthly cost like necessary stationary, electricity etc.